United States Fuel Transfer Pump Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Fuel Transfer Pump Market reached US$ 1.8 billion in 2022 and is expected to reach US$ 2.6 billion by 2030, growing with a CAGR of 4.3% during the forecast period 2024-2031.

Key Development:

United States: Recent Industry Developments

✅ In August 2025, Dangote Refinery imported 4,000 natural gas-powered trucks as part of its plan to distribute refined fuel products directly across Nigeria, marking a significant step in logistics expansion for Africa's largest refinery.

✅ In June 2025, Reliance Industries and Nayara Energy expanded their market share in India's fuel retail sector by offering fuel discounts and investing in modern, amenity-rich service stations, tapping into the growing domestic demand.

Japan: Recent Industry Developments

✅ In August 2025, the Japanese fuel transfer pump market experienced a peak in consumer interest, as indicated by search trends, highlighting a surge in demand during the summer months.

✅ In June 2025, Mitsubishi Power partnered with Chiyoda Corporation to integrate large-scale electrolyzers with offshore wind projects, aiming to produce green hydrogen for export under Japan's clean energy diplomacy strategy.

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A fuel transfer pump is a mechanical or electric device used to move fuel from one container or tank to another efficiently and safely. It ensures precise fuel delivery, reduces spillage, and is widely used in automotive, industrial, and aviation applications.

Recent Mergers and acquisitions:

United States: Recent M&A Activity

✅ In July 2025, BP agreed to sell its 300 petrol stations in the Netherlands to Catom, a Dutch fuel distribution and trading company. This move is part of BP's broader strategy to divest $20 billion worth of assets by 2027, aligning with its shift in focus towards oil and gas over renewables.

✅ In June 2025, Chart Industries and Flowserve Corporation announced a $19 billion all-stock merger to create a global leader in gas and liquid technologies. The combined entity aims to enhance capabilities in LNG, nuclear energy, and data centers, positioning itself to compete with major industrial processing companies.

✅ In May 2025, Sunoco LP revealed plans to acquire Canada-based Parkland Corporation in a deal valued at approximately $9.1 billion, including debt. This acquisition will establish the largest independent fuel distributor in the Americas, aiming to generate over $250 million in annual synergies within three years.

Japan: Recent M&A Activity
✅ In June 2025, Toyota and Daimler finalized a $6.4 billion merger of their Japanese heavy goods vehicle units-Toyota's Hino Motors and Daimler's Mitsubishi Fuso Truck and Bus. The merged entity aims to counter rising competition from Chinese manufacturers advancing rapidly in electrification and autonomous driving, with a focus on hydrogen technologies.

✅ In March 2025, JERA and EDF announced plans to merge their power trading operations in Japan under their Singapore-based joint venture, JERA Global Markets, starting April 1. This merger seeks to enhance efficiency and expand their presence in Japan's growing power market by combining their expertise.

Key Players:

=> Tuthill Corporation, Great Plains Industries, PIUSI SPA, Graco Inc., TeraPump, Macnaught Pvt. Ltd., Zhejiang Datian Machine Co., Ltd., Fill Rite Company, Alpha Pump & Equipment, Blackmer.

Growth Forecast Projected:

The Global Fuel Transfer Pump Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Fuel Transfer Pump Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Type: AC Fuel Transfer Pumps, DC Fuel Transfer Pumps, Hand Fuel Transfer Pumps

➥ By Mounting: Fixed, Portable

➥ By Motor: 12V/24V DC, 115V AC, 230V AC, Others

➥ By End-User: Transportation, Construction, Mining, Agriculture, Chemical, Food & Beverage, Military, Others

Regional Analysis for Fuel Transfer Pump Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Fuel Transfer Pump producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Fuel Transfer Pump revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Fuel Transfer Pump Market?

A: In 2022, the Fuel Transfer Pump Market was valued at US$ 1.8 billion , reflecting its strong industry presence.

Q2: How large is the Fuel Transfer Pump Market expected to be by 2030?

A: By 2030, industry forecasts suggest the Fuel Transfer Pump Market will grow to around US$ 2.6 billion , demonstrating significant expansion.

Q3: What is the growth rate of the Fuel Transfer Pump Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.3% during the forecast period from 2024 to 2031.

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